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Author Topic: USA.V U.S. Silver Corporation  (Read 111 times)
MetalMeister
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« on: November 13, 2010, 12:02:28 AM »

This is one that is getting quite some attention lately.

I don't own it YET, do your own DD.

It just got a contract for 500,000 ounces split over 12 months, guaranteed at $27.50 per ounce during the course of 2011.

Not bad, huh?

And the 500K is only 80% of 2011 production.

I think we are going to see more and more of these types of deals:

http://www.us-silver.com/s/NewsReleases.asp?ReportID=427825&_Type=News-Releases&_Title=U.S.-Silver-Announces-Hedging-Transaction

Quote
U.S. Silver, through its wholly owned subsidiaries, owns and/or operates the Galena, Coeur, Caladay and Dayrock silver-lead-copper mines in Shoshone County, Idaho, with the Galena mine being the second most prolific silver mine in US history. Total silver production from U.S. Silver's mining complex has exceeded 217 million ounces of silver production since 1953. U.S. Silver controls a land package now totalling approximately 14,000 acres in the heart of the Coeur d'Alene Mining District. U.S. Silver is focused on expanding the production from existing operations as well as exploring and developing its extensive Silver Valley holdings in the Coeur D'Alene Mining District.

http://tmx.quotemedia.com/quote.php?qm_symbol=USA
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